World Oligonucleotide Pool Market to Cross USD 2.32 Bn by 2022, Predicts MRFR in Its In-Demand Study Available at MarketPublishers.com14 Jun 2017 • by Natalie Aster
LONDON – In the past year, the value of the world’s oligonucleotide pool exceeded USD 1.29 billion. It is expected to go beyond USD 2.32 billion, registering an 8.5% CAGR over 2017-2022. Robust growth is attributed to such factors as increasing Big PharmaCos’ investments in oligonucleotide drug development, constantly widening application area of oligonucleotides and also rising involvement of CMOs in therapeutic oligonucleotides manufacturing, amid others.
Still, there are certain barriers to the further growth in the oligonucleotide pool market, for instance, inaccuracy issues associated with specific oligonucleotides and complexity in the manufacturing technology.
At present, North America captures the major share of the global oligonucleotide pool market; as of 2016, the region’s share was slightly over 42%.
Some of the prominent global market players include Creative Biogene, CustomArray, Agilent Technologies, TriLink BioTechnologies, MYcroarray, Integrated DNA Technologies, Twist Bioscience, among others.
In-demand report “Global Oligonucleotide Pool market – Estimation & Forecast, 2013-2022” by Market Research Future (MRFR) provides a clear understanding of the global market scenario as well as sheds light on the actual state of the key geographical markets. It includes reliable info on the market size, shares and value; examines the market dynamics and the main market growth influencing factors; contains an extensive market segmentation analysis and touches upon the key economic factors having influence on the market development. The study offers relevant info on the historical development, current performance and future possible prospects of the oligonucleotide pool market. Besides, the report reviews the competitive scenario, profiles top market players and includes an analysis of vendor products and business strategies. In addition, a future outlook through 2022 is available in the report as well.
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